Investment Market Update
Stocks in Tokyo fell on Friday with banks and car makers pulling the index down. The Nikkei 225 closed the day 0.6% lower.
US stocks ended lower, breaking a seven-day winning streak not seen for three-and-a-half years. Signs of a strengthening economy and promises by President Donald Trump to cut corporate taxes and reduce financial red tape have been behind much of the recent gains.
UK stocks dipped on Thursday, with the fallers' list dominated by companies that have gone ex-dividend. Drugmaker AstraZeneca led the downward trend, shedding 3.4%. Imperial, Royal Dutch Shell and BP also took a turn for the worse after trading without entitlement to their latest dividend pay-out.
- Tony Blair will urge opponents of Brexit to fight to change people’s minds and reverse Britain’s decision to leave the European Union, in a speech that aims to show UK Prime Minister Theresa May that she won’t get everything her own way. “People voted without knowledge of the true terms of Brexit. As these terms become clear, it is their right to change their mind. Our mission is to persuade them to do so.”
- Vice President Mike Pence will bear the responsibility of assuring Europe this weekend that the US is a reliable ally despite the Trump administration’s "America First" strategy of a hard line on NATO contributions and trade relations.
|FTSE All Share||3,959.20||-0.4%||2.2%||12.5%|
|FTSE Small Cap||5,350.94||-0.1%||4.0%||11.0%|
|St. James's Place||1,095.00||-1.0%||8.0%||3.9%|
|Euro Stoxx 600||370.10||-0.4%||2.4%||-1.2%|
|Dow Jones Ind||20,619.77||0.0%||4.3%||13.4%|
|MSCI AC Asia Pacific||145.32||0.6%||7.6%||2.3%|
|MSCI World (Developed)||1,836.56||0.2%||4.9%||5.3%|
|MSCI AC World (Dev & Em)||444.52||0.2%||5.4%||5.6%|
|MSCI Emerging Markets||945.62||0.4%||9.7%||8.6%|
|MSCI AC World Value||202.49||0.2%||4.2%||9.5%|
|MSCI AC World Growth||229.97||0.2%||6.7%||1.8%|
|FTSE Gilts All Stocks||3,502.50||0.6%||-0.6%||8.5%|
|FTSE Index Linked All Stocks||634.82||0.2%||-0.3%||21.2%|
|ML Sterling Corporate Bonds||381.19||0.4%||0.0%||10.7%|
|ML Global High Yield Bonds||350.94||0.2%||2.5%||15.0%|
|Brent Crude Oil||55.65||-0.2%||-3.2%||23.4%|
|Consumer Goods and Services||20,656.34||0.1%||4.9%||9.6%|
|Oil & Gas||7,896.49||-2.1%||-7.6%||54.2%|
|$ per £||1.25||0.2%||1.3%||-16.3%|
|€ per £||1.17||0.0%||-0.2%||-15.7%|
|¥ per £||141.65||0.2%||-2.0%||-22.7%|
|VIX Index (Volatility)||11.76||-1.8%||-16.2%||-22.9%|
|Baltic Dry Index||710.00||3.2%||-26.1%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.00%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||27.04|
|FTSE All Share Adj P/E||24.63|
|FTSE All Share Yld||3.83%|
|15yr Gilt Yield||1.67%|
|10yr Gilt Yield||1.26%|
|10yr US Tres Yield||2.45%|
Market prices will reflect the last closing prices with the exception of the Asian markets which may be still trading at the time the data is obtained. The data for these markets is therefore a snapshot of live trading data obtained between 06.45 and 07.15 GMT. Growth is shown cumulative and is not annualised. A positive currency movement indicates the £ appreciating against the other currency. Performance data does not account for the re-investment of dividends. This information has been reproduced by kind permission of Bloomberg and does not necessarily reflect the opinions of St. James's Place Wealth Management. St. James's Place considers the information to be reliable but it is not intended to provide a sufficient basis on which to make an investment decision.
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